NNN Investment Opportunity on
For Sale
$6,100,000
1068 Broadway, El Cajon, CA 92021
Single tenant NNN sale leaseback with 7% cap rate.
Property Size15,632 SF
Lot Size0.89 Acres
Price / SF$390.23
Days on Market189
Property Features for 1068 Broadway
General Information
Standard status
Active
Size
15,632 SF
Lot size
0.89 Acres
Property subtype
Commercial
Building Details
Units
1
Listing Agency:
Regional Realty & Investments
Listed By:
Brandon Long · License #01382111
(619) 990-3179
Source:
Elliman
Added: Mar 11
Changed: Sep 14
Last Checked: Sep 14 at 6:21AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Regional Realty & Investments
Investment Insights
Based on property information with market context.
A proposed single tenant sale leaseback to CRT Plasma is available. The property features a 15-year lease with 2.5% annual rental escalations throughout the primary term and four 5-year renewal options. The lease will be absolute triple net, assigning all responsibilities to the tenant. The 15,632-square-foot building is strategically located along Broadway, a primary thoroughfare with traffic exceeding 24,700 vehicles per day. Broadway hosts a wide range of major retailers, including Target, Food 4 Less, The Home Depot, Best Buy, ALDI, and Home Goods, as well as Parkway Plaza, a regional shopping center featuring Dick’s Sporting Goods, JC Penney, H&M, Regal Cinemas, Ashley, Bath & Body Works, and more. The property also offers close proximity to Interstate 8 (148,000 VPD) and CA-67 (100,000 VPD), enhancing accessibility. Situated in a densely populated area, the asset serves over 308,000 residents within a five-mile radius, with an average household income of $124,210. The submarket boasts an extremely low vacancy rate of 3%.
Key Highlights
- Absolute NNN lease offering a passive income stream.
- Proposed 15‑year lease with 2.5% annual rental escalations and four 5‑year renewal options.
- High traffic location on Broadway (24,700 VPD) near Target, Home Depot, and Parkway Plaza.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,491
Businesses Nearby
Explore this area
Business Placement
Demographics for 92021, CA
70,584
Population
23,360
Households
3
Avg Household Size
37
Median Age
22%
College-Educated
86%
High-School Grad
28.0 sq mi
ZIP Area
2,521
Density / Sq Mi
$69,979
Median Household Income
$37,739
Median Earnings
$1,818
Median Rent
$572,000
Median Home Value
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Frequently Asked Questions
What type of property is this?
NNN property - Single tenant NNN sale leaseback with 7% cap rate.
Where is this nnn property located?
The property is located at 1068 Broadway El Cajon, CA.
What is the asking price?
The asking price for this property is $6,100,000.
What are key features of this property?
This property features: Absolute NNN lease offering a passive income stream.; Proposed 15‑year lease with 2.5% annual rental escalations and four 5‑year renewal options.; High traffic location on Broadway (24,700 VPD) near Target, Home Depot, and Parkway Plaza.
